The forecasted growth in the number of overnight stays in own holiday homes during domestic and outbound trips in Germany shows a consistent upward trend from 2024 to 2028. The expected figures start at 6.4193 million trips in 2024 and reach 7.1377 million by 2028. This indicates a moderate yet steady increase with noticeable year-on-year growth. Notably, the year-on-year growth between 2024 and 2025 is approximately 2.89%, and from 2028 compared to 2027, it's about 2.50%. In the five-year span from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is approximately 2.66%.
Future trends to watch:
- Changing consumer preferences towards sustainable travel and local tourism could impact the growth pace.
- Potential economic changes or policy shifts influencing domestic and international travel could also alter projections.
- Technological advancements in holiday home platforms and increasing digitalization in the travel industry might drive innovation and interest.
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